555 W Grand Ave, Escondido, CA, 92025
Sold Price:
$1,400,000
Cap Rate:
3.44%
Price/SF (Land):
$79.77
Price/Unit (Proposed):
$49,219
Zoning:
S.P. Specific Plan (100 du/ac)
Lot Size:
19,745 SF
Status:
Closed
Submarket:
North County
Property Type:
Land
Strategy:
Value Add
INVESTMENT HIGHLIGHTS
19,745 SF Land Offering with Tentative Mixed-Use/Condo Map
In Process of Final Approval with City
Transit-Oriented Development
Location
Proposed 32 Apartment Units, Plus Ground Floor Flex/Office
Unit Mix of Twelve (12) 1BR/1BA and Twenty (20) 2BR/2BA Units Plus Parking Garage
Walking Distance to Many of Downtown’s Retail and Food Amenities
Downtown SP – Specific Plan, Mercado District
Listed By:
Aaron Bove
Senior Vice President, Investments
aaronbove@thebovegroup.com
(858) 373-3237